Top Retail Companies in Singapore

The retail sector in Singapore is diverse, accounting for approximately 1.4% of the country’s GDP and about 3.0% of total employment. It is driven by both local consumption and tourism, with the country being a major shopping destination in the Asian region, attracting shoppers from regional neighbors as well as other key markets including Europe and Australia. Prior to the pandemic, almost 20.0% of total tourism receipts to Singapore were generated through shopping.

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Company	Headcount	Contact	Description
BP	63,315	+65 6335 3000 info@bp.com	The world is changing fast and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for talented, committed and ambitious people to help us shape the face of energy for the future.
WOODSIDE ENERGY	5,124	+65 6709 8021 companyinfo@woodside.com	We aim to thrive through the global energy transition with a low-cost, lower-carbon, profitable, resilient and diversified portfolio. Our recently expanded global portfolio includes quality oil and gas assets and interests in Australia, Gulf of Mexico, Trinidad and Tobago, Senegal, Timor-Leste, Canada, Barbados. Our focus in operations remains on safety, reliability, efficiency and environmental performance, leveraging more than 35 years of operating experience. We have growth opportunities across our three pillars of gas, oil and new energy. Woodside Energy LinkedIn followers, please be aware that during the past week we have seen a spike in fraudulent job advertisements and LinkedIn profiles claiming to be from our Human Resources team. We are working to have these removed and ask you to report any suspicious looking posts or accounts to Woodside at gradcareers@woodside.com.au We have also seen offers of employment mailed to job seekers by individuals or organisations posing as Woodside. Importantly, communications about employment opportunities with Woodside will only ever be sent from email addresses ending in woodside.com.au or woodside.com. We will also never make unsolicited jobs offers or seek payment from job applicants. For more information about how to spot fraudulent Woodside recruitment activity, go to our careers page.
CHEVRON	42,800	+65 6318 1000 pgpa.singapore@chevron.com	Our greatest resource is our people. Their ingenuity, creativity and collaboration have met the complex challenges of energy’s past. Together, we’ll take on the future.We support the LinkedIn Terms of Use (User Agreement), and we expect visitors to our page to do the same. We encourage open, lively conversation with a few simple rules: --We reserve the right to correct factual errors. --We will reply to comments when appropriate.--If we disagree with other opinions, we will do so respectfully.--You may not post anything that is spam or that is abusive, profane, or defamatory toward a person, entity, belief, or symbol.--We will delete any posts that contain personal information such as email addresses, phone numbers and physical addresses, and other third party intellectual property material, when that information does not belong to the author of the post. --You may not post job listings for non-Chevron positions.--While we support lively, open discussion, we reserve the right to delete comments.
EXXONMOBIL	57,854	+65 1800 252 1800 data.privacy.office@exxonmobil.com	The need for energy is universal. Thats why ExxonMobil scientists and engineers are pioneering new research and pursuing new technologies to reduce emissions while creating more efficient fuels. Were committed to responsibly meeting the worlds energy needs.We aim to achieve #netzero emissions from our operated assets by 2050 (for Scope 1 and 2 greenhouse gas emissions) and are taking a comprehensive approach to create emission-reduction roadmaps for major operated assets. Find us also on:Twitter.com/ExxonMobilFacebook.com/ExxonMobilInstagram.com/ExxonMobilYouTube.com/ExxonMobilEnergyFactor.comExxonMobil.comFind our latest Privacy Policy at https://corporate.exxonmobil.com/Global-legal-pages/privacy-policySee our terms and conditions at https://corporate.exxonmobil.com/global-legal-pages/terms-and-conditions ExxonMobil uses innovation and technology to deliver energy to a growing world. We explore for, produce and sell crude oil, natural gas and petroleum products. We operate facilities or market products in most of the world’s countries and explore for oil and natural gas on six continents. Follow us on Twitter.com/ExxonMobil Like us on Facebook.com/ExxonMobil Follow us on Instagram.com/ExxonMobil Visit our channel on YouTube.com/ExxonMobil Get the latest energy news and views at EnergyFactor.com
MCDERMOTT INTERNATIONAL, LTD	27,515	+65 6561 2288 rreid@mcdermott.comm	McDermott is a premier provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach—engineered to responsibly harness and transform global energy resources into the products the world needs for now and what’s next.From concept to commissioning, we are creating and delivering the building blocks of the energy transition. Our innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, our locally focused and globally integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
BW OFFSHORE	2,107	+65 6323 1263 it.support@bwoffshore.com	BW Offshore engineers innovative floating production solutions. The Company has a fleet of 8 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 2,000 employees and is publicly listed on the Oslo Stock Exchange.Further information is also available on www.bwoffshore.com
TOTALENERGIES	65,026	+65 6879 7900 selma.carvalho@total.com	Have you ever thought of offering your skills and expertise to a multinational company? Give your best to better energy and make the commitment with TotalEnergies. With over 500-plus professions in 130 countries, we offer high safety and environmental standards, strong ethical values, an innovation culture and wide-ranging career development. Be part of the global team whose mission is already shared by 105,000 employees : to be a world-class player in the energy transition
BUMI ARMADA	1,843	+65 6558 6116 enquiry@bumiarmada.com	At Bumi Armada, we amplify competency to resonate with the changing Oil & Gas industry demands, values and expectations. We engage in advancement of technology to garner further growth and keep sustainability in balance.We are a Malaysia-based international offshore energy facilities and services provider with experience in over 29 countries spread across four continents – Asia, Europe, Africa and Latin America. The culture diversity of over 800 people from over 27 nationalities empowers diverse solutions in our global team to safely deliver our marine assets – FPSO, LNG FSU, OSV and derrick lay-barge.We offer a range of capabilities from life of field surveys, drilling support, production facilities, installation & operations, pipe-laying, hook-up & commissioning and vessel chartering. We are committed to bring innovative solutions to provide high quality and reliable facilities and services while incorporating leading technologies for a sustainable tomorrow.OUR BEGINNINGIn December 1995, the company was incorporated as a public limited company (under the Companies Act, 1965). The Bumi Armada group of companies include diversified subsidiaries as well as joint venture companies.Since then, our marine business has evolved from managing smaller tonnage vessels in the 1970s to being able to design and build nine FPSOs with increasing complexity, functional capability, and size. Drawing on our decades of experience, we have developed a reputation for our project management capabilities. We deliver innovative solutions and quality facilities that incorporate leading technologies to cater the needs in the field development, production and storage.
CONOCOPHILLIPS	15,711	+65 6536 0010 john.c.roper@conocophillips.com	We are a global oil and gas company tasked with an important job—to safely find and deliver energy for the world. We’re experts in what we do—from the well site to the office. Across our operations and activities in 13 countries, we never forget our responsibility to be a great neighbor, and a great place to work. Guided by our SPIRIT Values—Safety, People, Integrity, Responsibility, Innovation and Teamwork—we deliver strong performance, keeping our promises to our stakeholders, communities and each other. We solve problems and develop new approaches together, as a team of people—not job titles.That’s ConocoPhillips.It’s not just what we do. It’s how we do it. At ConocoPhillips, we believe it is important to foster a safe and constructive online environment for our community. To do so, we encourage visitors to contribute to conversations by following a few guidelines:- Please contribute to the dialogue by keeping your comments relevant to the community and on topic. - Direct your comments at issues, rather than individuals.Any of the following violations of these guidelines may warrant, without prior notice, actions such as removing posts and comments or blocking an account:- Comments that are spam, defamatory or offensive (e.g., obscene, indecent, profane, violent, cruel or discriminatory) will be removed.- Content that violates the terms of use stipulated by each social media operating company.- Any other behavior ConocoPhillips deems inappropriate.Community policy: https://bit.ly/3mrTG4d
SHELL	140,478	+65 6513 7719 generalpublicenquiries-sg@shell.com	Shell is a global energy company with around 87,000 employees in more than 70 countries. We work together to power progress through more and cleaner energy solutions. We serve more than 30 million customers at almost 46,000 retail service stations every day.Our strategy is to accelerate the transition of our business to net-zero emissions, purposefully and profitably. #PoweringProgress
SAPURA ENERGY BERHAD	5,332	+65 8949 5888 marketing@sapuraenergy.com	Sapura Energy Berhad (Sapura Energy) is a full-fledged upstream player headquartered in Malaysia and amongst the world’s leading integrated oil and gas services and solutions providers.We provide a full spectrum of capabilities that covers the entire value chain of exploration, development, production and rejuvenation as well as decommissioning and abandonment.With a multinational workforce over 7,500 employees spanning over 35 nationalities, comprehensive world-class assets and project management capabilities – our global presence is visible in more than 20 countries. This includes Malaysia, China, Australia, Brazil, the United States of America, as well as those in Western Africa and the Middle East.
PETROFAC	15,600	+65 6274 9176 petrofacts.editorial@petrofac.com	We are a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies.Petrofac designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure. Our purpose is to enable our clients to meet the world’s evolving energy needs.Our core markets are in the Middle East and North Africa (MENA) region and the UK North Sea, where we have built a long and successful track record of safe, reliable and innovative execution, underpinned by a cost effective and local delivery model with a strong focus on in-country value. We operate in several other significant markets, including India, South East Asia and the United States. We have 8,200 employees based across more than 30 offices globally.Petrofac is quoted on the London Stock Exchange (symbol: PFC).To find out more, visit www.petrofac.com
SUBSEA7	12,031	+65 6309 4700 ir@subsea7.com	Subsea7 makes offshore energy transition possible through the continuous evolution of lower-carbon oil and gas and by enabling the growth of renewables and emerging energy.
SWIBER HOLDINGS LIMITED	976	+65 6505 0800 corporate@swiber.com	Swiber Holdings Limited is a world class integrated construction and support services provider to the offshore oil and gas industry, offering a wide range of offshore EPIC, marine support, and engineering services across the Asia Pacific, Middle East, and Latin America regions. Since its foundation in 1996, Swiber has been dedicated to building the company into a leader in the industry. Today, Swiber is a public-listed company on the Singapore Stock Exchange with an eminent position among global offshore oil and gas engineering and construction organisations. With an extensive and growing operating fleet of 65 vessels, comprising 49 offshore vessels and 16 construction vessels, and more than 3200 employees in over 40 different nationalities in strategically located offices in the region, the Swiber name is synonymous with excellence, safety, innovation and value among its customers. Swiber was featured on Forbes Asia’s “Best under a Billion” list, an honour given to the top 200 Asia-Pacific companies with consistent growth in both sales and profits over three years. Swiber continues to ascend the ranks of the nation’s “Top 100 Brands” in the Brand Finance’s Annual Report, ranking as one of the nation’s top 100 Brands in the Brand Finance’s Annual Report of “Singapore’s Intangible Assets and Brands” from 2010 to 2013. Swiber has also emerged a winner in Securities Investors Association (Singapore) (SIAS)’s Singapore Corporate Governance Award. All these reaffirm Swibers rapid growth as an EPIC player that is well-positioned to capitalise on the upswings of the offshore oil and gas sphere.
AIR DRILLING ASSOCIATES	355	+62 21 27881931 adainfomx@airdrilling.com	ADA, originally founded in 2003 as Air Drilling Associates, rapidly grew into the largest air/ foam/ aerated fluids drilling services company in the world and is now the third largest MPD/UBD services provider. This came as a result of the 2015 acquisition of Reform Energy Services and Strata Energy Services of Canada. With this strategic acquisition ADA has more than 30 years’ worth of combined UBD, MPD and related engineering and operational experience.Today the company is the third largest MPD/UBD services provider, capable of offering a full array of MPD/UBD equipment for onshore as well as deep water offshore applications. ADA provides the SafeKick and Kelda Leidar MPD control systems, capable of robustly predicting the choke response under gas influx conditions.ADA has an alliance with Regional Marine & Engineering Services (RMES), an API 16-RCD certified manufacturing facility, for testing and manufacturing rotating control devices (RCDs) for on- and offshore applications.ADA has offices in most major oil, gas and geothermal regions around the world, please refer to our website for more details.
TRANSOCEAN	9,910	+65 6512 4700 marketing@deepwater.com	Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.Transocean owns or has partial ownership interests in, and operates a fleet of 37 mobile offshore drilling units including 27 ultra-deepwater floaters, and 10 harsh environment floaters. In addition, Transocean is constructing two ultra-deepwater drillships.
TRAFIGURA	3,838	+65 6319 2960 trafigurareach@trafigura.com	Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. At the heart of global supply, Trafigura connects the world with the vital resources it needs. Through our Oil & Petroleum Products, Metals and Minerals, Gas and Power, and Renewable Energy divisions, we use infrastructure, skills and a global network to move commodities from where they are plentiful to where they are needed most, forming strong relationships that make supply chains more efficient, secure and sustainable.Trafigura also owns and operates a number of industrial assets including a majority share of global multi-metals producer Nyrstar and fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nala Renewables, a power and renewable energy investment and development platform. With over 1,000 shareholders, Trafigura is owned by its employees and employs over 12,000 people working in 61 countries.Visit: www.trafigura.com
AIBEL	3,826	+65 6505 4500 readsoft.invoices@aibel.com	Aibel is a leading service company within the oil, gas and offshore wind industries. We provide our customers with optimal and innovative solutions within engineering, construction, modifications and maintenance throughout a projects entire life cycle. Aibels 4000 skilled employees are located close to our customers at the company’s offices in Norway and South East Asia. In addition, we operate two modern yards in Haugesund and in Thailand, with complete prefabrication and construction capabilities. Aibel has a strong market position based on the companys integrated business model, which covers the entire value chain. Customers are primarily major oil companies operating on the Norwegian continental shelf.
DIALOG GROUP BERHAD	1,411	+65 6251 5024 contact@dialogasia.com	DIALOG is a leading integrated technical service provider to the energy sector, in Malaysia and internationally. Established in 1984, DIALOG has grown both organically and through strategic alliances with internationally-renowned technology partners. We serve a diverse range of customers that include multinational energy majors, national energy companies as well as multinational engineering and service providers located throughout the world.Headquartered in Kuala Lumpur, DIALOG is a global player with a staff strength of over 2,600. DIALOG has offices and facilities in Malaysia, Singapore, Thailand, Indonesia, China, Australia, New Zealand, Philippines, Saudi Arabia and United Arab Emirates. DIALOG is listed on the Main Market of Bursa Malaysia and was included into the FBM KLCI in June 2018 and FTSE4Good Bursa Malaysia in June 2022.
NOV	30,560	+65 1800 676 4380 dpm@nov.com	NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV’s deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.

Top Retail Companies in Singapore

Overview

Significant sector contribution from tourist spend; online retail presence growing

Sector transactions are made through a number of channels, including stores, kiosks, mail and online. Of these, the stores – also known as brick-and-mortar - still represent a majority of the receipt generation. Like any other traditional retail sector, store formats include department stores, supermarkets, specialty/outlet retailers and warehouse retailers, to name a few. Singapore’s retail sector also boasts a strong online presence, which now accounts for around 15.0% of total sector receipts.

Over 27,600 retail establishments across the country; Supermarkets generate highest retail receipts

Boasting nearly 4.1 billion square meters of retail space across the country, the sector comprises over 27,600 establishments spanning a range of sub-sectors, which include supermarkets and convenience stores, fashion and jewelry, sporting goods, food and beverages (F&B), wearing apparel and footwear, furniture, consumer electronics, furniture and motor vehicles, among others.

Pre-pandemic, the sector generated SGD 47.8 billion in receipts, down around 2.0% year-on year (YoY), and SGD 37.2 billion when excluding motor vehicles. Of the total receipts, personal goods make up around 33.0%, followed by general merchandise, which accounts for around 25.0%.

Interestingly, despite accounting for only 2.0% of the retail establishments, supermarkets are the largest revenue generators, making up close to 16.0% of total retail sales (excluding motor vehicles). On the other hand, wearing apparel, which accounts for approximately 20.0% of retail establishments, represents only 7.0% of retail sales when excluding motor vehicles.

Government initiatives, combined with high mobile phone and broadband penetration spur online retail

Singapore’s retail sector is indeed one of the most developed in the Asian region, and this is reflected in its rapid move towards digital platforms. In 2016, the government launched the Retail Industry Transformation Map (ITM) with the aim of developing a highly productive omni-channel (stores and online) retail sector. The road map also showed particular focus on the small and medium-sized establishments (SMEs) in the sector, facilitating them with the necessary digital infrastructure towards making the move to online retailing.

Apart from the government initiatives, strong per capita income generation, a mobile phone penetration rate of about 158.0% and wireless broadband penetration of close to 184.0% have also resulted in a strong shift to online retail. This has given rise to mobile e-commerce, with nearly 47.0% of e-commerce transactions in 2019 being carried out on a mobile device. As a result, the sector is also seeing a steady switch to digital payment methods, with digital wallets accounting for 18% of online retail payments in 2019.

Key Trends

Discretionary retail worst hit by COVID pandemic; F&B segment buoyed by online sales

Since late-2019, the COVID pandemic has also reshaped the landscape of the retail sector. Calendar year 2020 saw overall retail sales drop by 15.0%, while the circuit breaker period (CB period) – also known as the lockdown period - from 7th April to 01st June 2020, saw retail sales plunge by 46.0% YoY.

The worst hit were the discretionary industries such as Department Stores, Wearing Apparel and Footwear, and Watches & Jewelry, which saw full year sales dip by 32.0-42.0%, and drop as much as 87.0-92.0% during the CB period.

Meanwhile, sales in Supermarkets and Hypermarkets, Mini-Marts and Convenience Stores, and Computer and Telecommunications Equipment held steady throughout the year 2020 and 2021 to-date. This came on the back of higher demand for groceries as well as computers and peripheral equipment, with consumers spending more time at home due to work-from-home arrangements.

The most notable change as such was the significant jump in online sales during the period. The infrastructure set in place from early on enabled consumers to seamlessly switch to online platforms, with the share of online sales doubling from about 6.0% in 2019, to 12.0% in 2020.

This increase in the online retail sales proportion was mainly driven by industries with higher online sales – namely, Computer and Telecommunications Equipment, Furniture and Household Equipment, and Supermarkets and Hypermarkets. The F&B retailing sub-sector also saw a strong disruption to operations due to the pandemic. The online F&B sales share increased more than two-fold, from 9.0% in 2019, to 22.0% in 2020, which was due to the increased utilization of online food delivery platforms since the CB period.

While year-to-date (YTD) sales in 2021 are up by 12.5% YoY, this continues to be supported mainly by grocery sales. Therefore, until such time tourism resumes, much of the local demand will remain within essentials, and to some extent, the consumer electronics space.

increasing preference for e-commerce putting upward pressure on retail space rents

Looking forward, the sector will continue to see a steady switch to e-commerce, and in particular, the mobile commerce or m-commerce space. Support services such as digital payments and last-mile delivery services will be key components in the sector narrative.

Furthermore, with this shift to e-commerce, large department store operators and mall operators will continue to experience pressure on revenue per square foot. As such, the sector will continue to see retail landlords roll out experiential and activity-based concepts, so as to encourage shoppers to visit stores and to stay competitive.

Key Statistics

Personal goods stores make up 47.1% of all retail establishments, followed by household equipment (13.6%), general merchandise (13.5%) and transport equipment (6.2%).
In terms of operating receipts, personal goods generated 32.9% of total receipts, followed by general merchandise (25.0%), transport equipment (22.1%), and household equipment (12.8%).
Purchase of goods and materials make up the biggest cost component for retailers, accounting for 70.9% of total operating expenditure, seconded by remuneration (10.3%) and followed by rental costs (9.5%). Collectively, these three components made up for 90.7% of all business costs.
Retail sales per square metre was SGD 11,478 in 2019, down from SGD 11,883 in 2009.

Top Singapore MNCs in Retail Companies

ISETAN (SINGAPORE) LIMITED

Repeated company

COLD STORAGE SINGAPORE (1983) PTE LTD

Repeated company

BACCARAT INTERNATIONAL (PTE.) LIMITED

Repeated company

SEPHORA SINGAPORE PTE. LTD.

Repeated company

PERTAMA MERCHANDISING PTE LTD

Established in 1999, Pertama Merchandising Pte Ltd is an Australian retailer. Harvey Norman is operated by Pertama Merchandising, which is wholly owned by Pertama Holdings Limited. With outlets in Australia, New Zealand, Ireland, Slovenia, and Malaysia, Pertama Merchandising has a strong international presence. Harvey Norman is a retailer of electronics, computers, furniture, and bedding in Singapore. The brand has continually provided Singaporeans with an unrivalled retail experience.

TAKASHIMAYA SINGAPORE LTD

Takashimaya is a reputed Japanese department store established in 1993. Takashimaya Singapore trades in clothing, outfits, coats, residential furnishings, and other accessories. Takashimaya features trademark flagship stores from a global collection of top luxury brands, as well as prominent fashion labels, innovative concepts and lifestyle stores, and a diverse range of interesting new-to-market companies. Takashimaya Singapore has a large global presence.

BHG (SINGAPORE) PTE. LTD.

BHG Singapore is a Singaporean department store. Its activities include the operation of supermarkets and department stores, and the sale of general merchandise, textiles, and daily-use products. It has five outlets strategically positioned in Singapore's northern, western, and central regions. BHG was established in 1994 as a joint venture by Seiyu, Ltd. (Japan) and Wing On Pte. Ltd. (Hong Kong). It now trades under the BHG brand name. Under the SPRING Singapore Business Excellence Framework, BHG Singapore won the Singapore Quality Class (SQC) certification.

DECATHLON SINGAPORE PTE. LTD.

Decathlon Singapore is a multinational sports retailer. The company was founded in France in 1976. Decathlon retails low-cost clothing, shoes, and equipment for over 60 different sports. It has equipment for over 60 sports under one roof and offers a free-to-play area with a basketball court, a football court, and a multi-purpose court that anybody may use at any time. Decathlon provides sporting equipment for people of all ages and ability levels. Skateboards, gym weights, yoga mats, and other items are available in-store.

IKANO PTE LTD

Founded in 1988, Ikano is a multinational firm which operates in the banking, real estate, manufacturing, insurance, and retail industries. Ikano was originally a division of the Swedish home furnishings giant IKEA, which was incorporated in 1943. It has a presence in Europe, Southeast Asia, and the Americas.

DFS VENTURE SINGAPORE (PTE) LIMITED

DFS Venture Singapore is a multinational retailer of luxury travel. The DFS Group was founded in Hong Kong in 1960. DFS Venture provides consumers with a wide range of products from over 750 manufacturers. This includes the finest in fashion and accessories, beauty and fragrances, watches and jewellery, wines and spirits, food and gifts, and tobacco. Its network includes 54 duty-free shops in 13 major global airports and 23 downtown T Galleria locations across four continents, as well as affiliates and resorts. DFS Venture has presence in Australia, China, France, Indonesia, Italy, Japan, Singapore, the United Arab Emirates, the United States of America, and Vietnam.

Top Singapore Large Local Enterprises in Retail Companies

NTUC FAIRPRICE CO-OPERATIVE LTD

Repeated company

THE HOUR GLASS LIMITED

Repeated company

SHENG SIONG GROUP LTD.

Repeated company

COURTS ASIA LIMITED

Repeated company

C.K. TANG LIMITED

Established in 1974, C.K. Tang is a retail store and a famous shopping destination in Singapore. TANGS offers modern, discerning customers a blend of local, international, modern, cultural, unique, and quality products. It presents a mix of international and Singaporean brands across all concepts of beauty, home, fashion, kids, and also food and beverage. In addition, C.K. Tang provides store facilities, beauty services, dining services, and corporate services.

CHALLENGER TECHNOLOGIES LIMITED

Repeated company

METRO (PRIVATE) LIMITED

Repeated company

PRIME SUPERMARKET LIMITED

Prime Supermarket, founded in 1984, is one of the local supermarket companies in Singapore. It operates a network of 26 stores around the island. Prime Supermarkethas two supportive trademarks: one that imports and supplies perishables such as meats, vegetables, and seafood, and the other that specializes in worldwide consumer lifestyle item procurement. Prime Supermarket was among the first to open its doors 24 hours a day, seven days a week.

CORTINA WATCH PTE LTD

Incorporated in 1972, Cortina Watch has grown to become a prestigious publicly-listed retail organization with around 50 boutiques across the region, including Singapore, Malaysia, Thailand, Indonesia, Hong Kong, Taiwan, and Australia. Over the years, Cortina Watch has built a reputation for quality timepieces. The firm provides its specialist watch enthusiasts with a comprehensive, finely curated collection of top haute horlogerie brands. It offers branded watches for men and women, such as Rolex, Cartier, and Tudor.

HAO MART PTE. LTD.

HAO Mart is a Singaporean retail business and grocery chain owned by HAO Corp, which was established in 2016. HAO Mart has positioned itself as a "super-mini-mart," providing its customers with the benefits of both a supermarket and a convenience shop. It has a wide variety of products and has commenced operations in HDB estates, particularly in older regions. HAO Mart is a network of grocery stores in Singapore's heartlands that provide better ease and convenience while shopping for fresh fruits and vegetables, household products, and everyday necessities. HAO Mart has 45 outlets across Singapore.

Top Singapore SMEs in Retail Companies

AIBI INTERNATIONAL PTE. LTD.

Repeated company

PASSIONS WATCH EXCHANGE PTE. LTD.

Repeated company

ART FRIEND (BBC) PTE. LTD.

Repeated company

GNOMON WATCHES PTE. LTD.

Gnomon Watches, established in 2002, is well known for its watchmaking and high craftsmanship. Gnomon Watches' diverse assortment includes high-quality timepieces and accessories with individual design characteristics. It provides a safe, next-day freight option to meet the specific demands of each customer. Gnomon Watches collaborates closely with all of the manufacturers/brands it offers, purchasing watches, bracelets, and 100% handcrafted leather straps directly from the factory.

PURE SENSES PTE. LTD.

Pure Senses is a Singapore-based distributor and reseller of luxury home fragrances. Pure Senses represents retail business for some of the top home fragrance brands, including Yankee Candle (USA), Candle Warmers, Etc. (USA), Voluspa (USA), and Antica Farmacista (USA). It is the sole agent for Yankee Candle and Price's Candles in Singapore and Malaysia, having been established in 2009. Since 2012, Pure Senses has been the distributor for Utah-based Candle Warmers, Etc. The company has created the first candle warmer with a proprietary top-down warming technique. The heat from a halogen bulb is used in these candle warmers to melt a scented candle without burning it. It has distribution rights in Singapore, Malaysia, and Hong Kong.

MB MOTORS PTE. LTD.

MB Motors was established in 2002 as a used vehicle retail company, operating out of a modest shophouse in Singapore. The company then expanded into the importing and retailing of new vehicles, as well as the export of used vehicles in excellent condition. MB Motors has expanded its product offerings to include not only vehicle imports and exports, but also workshop services and sole distributorships for numerous recognised aftermarket component companies. The brands distributed by MB are: AMS Alpha, Cobb, Dimsport, Dodson, Endless, HRE, Injector Dynamics, JUN, Liberty Walk, Litchfield, Moonface, Motec, Owen Development, RSC Tuning, Tommy Kaira, and Zeal.

SRI MURUGAN TRADING PTE. LTD.

Established in 1969, Sri Murugan Trading is a major shopping retail organisation that provides a wide range of Indian food items, veggies, and consumer goods. Sri Murugan Trading is said to be Singapore's largest importer of Indian groceries. The company produces some items which are traded under the name "Udhayam". It offers high-quality products such as Ponni Rice, Idly Rice, Raw Rice, Indian Dhalls, spices, Masala Powders, Appalam, Tamarind, Vadams, and tasty pickles. Sri Murugan Trading has nine direct retail outlets which are located in Bukit Butok, Bukit Gombak, Woodlands Road, Toh Guan, Senkang, Pioneer Road, and Enterprise Centre.

HANIFFA PTE. LTD.

Haniffa PTE. LTD. was founded in 1962. Initially, the company was named Haniffa Textiles, and its business was limited to trading in textiles, but later, it expanded to include a wide range of commodities such as jewellery, electronics, electrical items, toiletries, and culinary products. It offers a complete selection of silk sarees with new designs. The company has two stores in Singapore, three in Malaysia, one each in Kuala Lumpur, Penang, and Klang, and an export house in India.

KIDDY PALACE PTE LTD

Kiddy Palace was established in Singapore in 1992. It is one of Singapore's premier multi-brand pregnancy, baby, and child products specialist boutiques. Kiddy Palace offers a wide choice of children's and maternity products for newborns, toddlers, children, and expectant mothers. Kiddy Palace has 15 retail shops in Singapore.

VENUS BEAUTY PTE. LTD.

Established in 2002, Venus Beauty is a Singapore retailer of personal care and domestic products, catering to the requirements of both individuals and families. Over the years, the company has expanded to 20 outlets, each of which stocks over 5,000 products. Cosmetics, skin care, hair care, body care, and perfumes are among the products provided by the company. Venus Beauty also sells household cleaning supplies, confections, and seasonal items. Venus Beauty is the local distributor for a number of overseas products. It also develops and promotes a number of its own brands.

Top Singapore Fastest growing companies in Retail Industry

THE VALUE OF TIME (ASIA) PTE. LTD.

The Value of Time, a division of Richard Mille Asia, is Singapore's only official retailer of pre-owned Richard Mille timepieces. It has overseas offices in Hong Kong, China, Seoul, Taiwan, Kuala Lumpur, and Indonesia, operating 12 Richard Mille boutiques around Asia. Each of the timepieces is accompanied by a Certificate of Authentication and a 24-month International Richard Mille warranty.

IUIGA TECHNOLOGIES PTE. LTD.

Repeated company

SONNO SINGAPORE PTE. LTD.

Sonno Singapore, which was incorporated in 2017, is a mattress retail company. Sonno disrupts the time-consuming and antiquated mattress market by delivering everything online. It offers one ideal mattress for everyone's sleeping demands without the added cost of middlemen commissions or retail shop markups. Sonno Singapore takes the hassle out of mattress shopping with simple online purchases. It offers free nationwide shipping, a 100-night trial period, and free returns. Sonno Singapore won Superbrands recognition in 2019.

LENSKART SOLUTIONS PTE. LTD.

Incorporated in 2018, Lenskart Solution is an eyeglass and sunglasses retailer. It offers high-quality, diversely designed eyeglasses and sunglasses. Lenskart Solution provides eyeglasses that are affordable for everyone, regardless of their income.Often, people have to settle for low-quality eyeglasses with unattractive designs. Lenskart Solution provides Singaporeans with high-quality eyeglasses and sunglasses.

PPM MEDICAL PTE. LTD.

Repeated company

NOVELSHIP PTE. LTD.

Repeated company

ONTHELIST PTE. LTD.

Repeated company

DESIGN COLLECTION PTE. LTD.

Founded in 2006, Design Collection is headquartered in Singapore, where it owns and operates the retail business of the Bang & Olufsen flagship store. The company's retail, wholesale, and operational networks have extended throughout Europe, Asia, Australia, and New Zealand, with three offices in Denmark, Singapore, and Australia. Danish Design Collection spreads Danish design brands globally, and it now owns and distributes Ro Collection, in addition to Bang & Olufsen, Georg Jensen, by Lassen, Menu, Silkeborg Uldspinderi, and others. The Design Collection offers a payment option titled Atome, a "buy now, pay later" option that is available for both in-store and online orders. Atome enables you to make purchases and divide the cost into three equal instalments, with no interest or service fees.

ASN PTE. LTD.

Incorporated in 2017, ASN PTE LTD is a holding company with a diversified portfolio of investments in the watch business, ranging from retail and distribution to technology. The holding company now consists of three business units in the watch industry (2tonevintage Watches, A&N Luxury Group, and 2tone Service Center). The company ensures that every piece of jewellery in the gallery is uncommon, exceptional, original, and real. Aside from historical wristwatches, it also retails vintage pocket watches, collectible clocks, modern timepieces, and accessories such as straps and watch boxes. ASN watches and clocks are purchased from both the local market and reputable suppliers all over the world. At the same time, it ships directly to customers across the globe, particularly in the United States and Southeast Asia.

FERNS N PETALS SGP PTE. LTD.

Incorporated in 2019, Ferns N Petals is an online florist and gifting company with a large selection of fresh flowers and gifts. It offers floral delivery surprises for all occasions. Flowers, cakes, chocolates, customized presents, hampers, plants, bouquets, corsages, mugs, photo frames, and other products and services are available in-store. Ferns N Petals provides services such as corporate gifting and personalized gifting for loved ones. Ferns N Petals has expanded from India to worldwide regions.

By Gerald Bong

Published on 07 August 2023

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